Grayscale CEO Michael Sonnenshein Describes 'Very Very Sustained and Growing Demand' for BTC
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Grayscale CEO Michael Sonnenshein appeared on CNBC's Squawk Box this morning to discuss bitcoin demand from corporate treasuries and institutions. Towards the end of the segment, Mr. Sonnenshein gave some insight into the demand they are seeing at Grayscale, relative to the demand spike that was seen in late 2020:
If flows are any indication of investor interest, on the heels of a record breaking 2020, very pleased to say and encouraged that momentum is not only continuing this year but is actually accelerating. So we're seeing very very sustained and growing demand, from a lot of institutional players at the moment.
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